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Average Retail Salespersons Salary in Monroe, MI

Retail Salespersons in Monroe, MI, earn an average annual salary of $37,890. This figure slightly surpasses the national average of $37,150, indicating a localized demand that slightly elevates compensation. Factors such as the specific economic landscape and consumer spending patterns within Monroe contribute to this nuanced pay scale.

Executive Summary

  • Average Salary: $37,890 per year.
  • Growth Trend: Salaries have shifted 27.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $49,730.
  • Outlook: The local job market for Retail Salespersons in Monroe, MI, appears robust, evidenced by a total workforce of 1,290 individuals. The Location Quotient of 1.28 suggests a higher concentration of these roles compared to the national average, implying a sustained or growing demand for retail talent within the area.
2024 Market Data

Salary Overview

$37,890

The average Retail Salespersons in Monroe, MI earns+2.0%above the national average.

BreakdownBased on 40h/week
Hourly

$18.2

Weekly

$729

Monthly

$3,158

Retail Salespersons Salary Distribution in Monroe, MI

Career progression for Retail Salespersons in Monroe, MI, typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior or specialized roles can command significantly higher salaries, reflecting accumulated expertise and responsibilities. The percentile gaps in earnings clearly signify distinct levels of career advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$25,750$12.4
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$28,418$13.7
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$31,640$15.2
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$47,363$22.8
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$49,730$23.9

Detailed Retail Salespersons Market Analysis

Relocation Context

Nominal Salary

$37,890

Gross Pay

Real Wage (Purchasing Power)

$37,890

Adjusted for COL (100)

The average annual salary of $37,890 in Monroe, MI, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Retail Salesperson's salary in Monroe is equivalent to the national average, offering stable financial footing without significant gains or losses in real income.

Job Market Context

1,290

Total Jobs

31.566

Per 1K Jobs

1.28

Location Quotient

Above Average

With a location quotient of 1.28, Monroe, MI has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.

With a Location Quotient of 1.28, Monroe, MI, demonstrates a notable concentration of Retail Salesperson roles relative to the national distribution. This suggests that the job market here is more active or specialized in retail sales than the average U.S. location, potentially offering more opportunities and a competitive environment for job seekers.

Nearby Job Markets

Nearby Cities for Retail Salespersons

CitySalaryDist.
Toledo, OH Retail Salespersons Salary$35,740↓ 6%20 mi
Ann Arbor, MI Retail Salespersons Salary$38,400↑ 1%31 mi
Detroit-Warren-Dearborn, MI Retail Salespersons Salary$40,160↑ 6%34 mi
Sandusky, OH Retail Salespersons Salary$34,390↓ 9%48 mi
Jackson, MI Retail Salespersons Salary$37,910↑ 0%57 mi

Comparing salaries near Monroe, MI

Hiring Retail Salespersonss?

Frequently Asked Questions

How much does a Retail Salespersons make in Monroe, MI?

The median annual salary for a Retail Salespersons in Monroe, MI is $37,890. This typically ranges from $25,750 for entry-level positions to $49,730 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Monroe, MI is 2.0% higher than the national median of $37,150.

Is Monroe, MI a lucrative place for Retail Salespersons?

Yes, slightly more lucrative than the national average.Retail Salespersons in Monroe, MI, earn an average of $37,890 annually, which is marginally higher than the national average. Coupled with a Cost of Living Index at the national average, this salary offers comparable purchasing power.

Is Monroe, MI a good place to live for Retail Salespersons?

The Cost of Living Index in Monroe, MI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Monroe, MI?

Some top paying nearby cities include Toledo, OH ($35,740) and Ann Arbor, MI.

How does Monroe, MI compare to the national average salary for Retail Salespersons?

The average annual salary for Retail Salespersons in Monroe, MI, is $37,890, which is slightly above the national average of $37,150.

What is the concentration of Retail Salespersons in Monroe, MI?

Monroe, MI has a Location Quotient of 1.28 for Retail Salespersons, indicating a higher concentration of these jobs compared to the national average.

How does the Cost of Living in Monroe, MI affect salary perception?

Monroe, MI has a Cost of Living Index of 100, which is the national average. This means the $37,890 salary has purchasing power equivalent to the national average.

What is the total number of Retail Salespersons in Monroe, MI?

There are approximately 1,290 Retail Salespersons employed in Monroe, MI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,290 employees in the Monroe, MI area with a job density of 31.566 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Retail Salespersons • Data source: BLS OEWS 2024 •Jobs in Monroe, MI